Waaihoek precinct redevelopment: Reviving the inner city
Location
- Waaihoek Precinct is located immediately to the south of Bloemfontein CBD, in the Mangaung Metropolitan Municipality, Free State Province, South Africa.
Developer
- Mangaung Metropolitan Municipality
Project description
The precinct is near the Bloemfontein CBD and interchange zones. The area’s significant heritage value will unlock tourism potential if it is redeveloped, including:
- An urban park,
- restoration of the Old Fort Estate,
- an amphitheater,
- pedestrian walkways and links between nodes,
- hawker trading zone,
- conversion of old power station into accommodation, galleries and offices.
Project status
- R20-million spent on planning and designs of Phase 1 (St Georges Bridge)
Stakeholders
- Mangaung Metropolitan Municipality,
- Free State Provincial Government,
- National Government departments,
- Private Sector
Issues to be resolved
- Project funding
Interventions
- Design completed for Phase 1, final precinct plan completed and presented to National Treasury
Project cost
- R5.7-billion
Job creation
- 5 000 possible employment opportunities
Investment Enquiry
Interested investors are encouraged to contact the project team. Please include Waaihooek Precinct as reference.
Feature image source: https://www.flickr.com/photos/south-african-tourism/20511459716/in/photostream/
